Nov 10, 2012 3:00am PST
the loss mean for the future of u.s. intelligence? concern tony shaffer on that yet. >> then, peta now targeting your kids. take a look at its latest billboard to keep turkey off the menu this thanksgiving. has this group gone too far? [turkey gobbling] >> we report, you decide: gobble, gobble, gobble. where others fail, droid powers through. introducing the new droid razr maxx hd by motorola. now more than ever droid does. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. >> welcome back, intel community bombshell just dayed before he was scheduled to testify on benghazi, cia director general david petraeus resigns citing extra marital affair even for the future of u.s. intelligence. joining us now
Nov 3, 2012 3:00am PDT
behind such a wide swath of destruction how will the devastation effect the already fragile u.s. housing market? >> brian: let's ask ceo of sharpen institute. alex, what short-term for the housing market that many people believe was on its way back? >> the housing market has been on its way back. we have three things that are going to change in the short-term. one of the things affected in the northeast is of course there is just not enough houses. we have a 50 year low of inventory right now. so where we were seeing a recovery, we're now going to see some struggle just due to the incredible damage. this is the second costliest hurricane in the history of the united states. so, when you look at the numbers, $50 billion in damage, it's going to take a while for the northeast to recover. overall, however, the housing market in the u.s. is strong due to investors and banks finally moving through distressed inventory. short-term we will see an effect. long term this shouldn't effect the entire housing market. >> steve: short-term you are talking about the next three to six months. all right.